Going green in addition to cutting production costs, is becoming a prerequisite for some lenders. Green lenders can no longer block out the global alarm raised by world leaders as a call for action to mitigate climate change.
In Uganda however, green financing is still a budding concept. Currently, a lot of green financing is being done by the international community through development partners. This in part is attributed to the limited understanding of the concept in Uganda from both the lenders and public.
Read more: Daily Monitor